Ohmni Technology: Revenue in the first three quarters of 2025 decreased by 56.36%, still incurring losses.
OEJING Technology announced that in the first three quarters before 2025, the company achieved a revenue of 353 million yuan, a year-on-year decrease of 56.36%, with a net profit of -87.1788 million yuan. The performance forecasted deficit is mainly affected by the imbalance of supply and demand in the photovoltaic industry, intensified competition, low capacity utilization of products, and low prices. As of the end of September, the company's owner's equity was 975 million yuan, the asset-liability ratio was 53.05%, cash-type assets were 688 million yuan, and total debt was 798 million yuan. As of November 12, the balance of "OEJING Convertible Bonds" was 469 million yuan. Zhongzheng Pengyuan maintains the company and "OEJING Convertible Bonds" credit rating at AA- and continues to be on the watch list.
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